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VSAT

Viasat launches Air-IQ military satellite solutionViasat Inc. (NASDAQ: VSAT), a key player in satellite communications technology, has introduced a new product , Air-IQ, aimed at military agencies and intelligence communities. This development strengthens Viasat's position as a leading provider in the market and is expected to drive additional sales growth. The Air-IQ solution integrates a comprehensive set of components, including satellites, ground communications infrastructure from Viasat and third parties, management software, and terminals for both crewed and uncrewed aircraft. This integrated approach allows Viasat to offer a flexible and adaptable solution that could be in high demand among government agencies in the US and other countries, potentially boosting the company's revenue significantly. Technical analysis of Viasat Inc. (NASDAQ: VSAT) Analysing Viasat's stock performance for potential trading opportunities: Timeframe : Daily (D1) Current trend : the stock shows signs of transitioning from a global downtrend to an uptrend, having recently broken the resistance line Resistance level : 17.40 USD Support level : 14.70 USD Potential downtrend target : if the downtrend resumes, the downside target could be set at 12.05 USD Short-term target : if the uptrend continues and the stock breaks the current resistance at 17.40 USD, a short-term target could be 19.60 USD Medium-term target : with sustained upward momentum, the price might aim for 23.00 USD Investors and traders should monitor Viasat closely, especially considering the new Air-IQ product launch, which could significantly enhance the company's market footprint and financial performance. This technological advancement might attract additional interest from existing and potential new government contracts, influencing the stock's future trajectory. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
NASDAQ:VSAT
by RoboMarkets
Viasat ($VSAT) Shares Falls 2.03% in Pre-Market Trading Viasat shares ( NASDAQ:VSAT ) fell over 11% after the bell on Tuesday, as the company forecasted annual revenue below Wall Street estimates due to a slowdown in its satellite services business. The company expects revenue from its satellite services to decline in low to mid-single digits as its U.S. fixed broadband business faces competition from wireless carriers like T-Mobile US, offering cheaper plans. As a result, Viasat ( NASDAQ:VSAT ) has been shifting its focus from fixed broadband to mobility business that provides satellite-based connectivity solutions to governments across sectors. The company acquired British rival Inmarsat in a $7.3 billion deal last year to broaden its satellite and land-based communications services. However, an uncertain economy and intense competition from rival satellite service providers have weighed on Viasat. The company competes with Intelsat, L3Harris Technologies, and EchoStar in its government systems segment. Viasat's quarterly government systems segment revenue rose 77% to $385.8 million from a year ago, while analysts were expecting $340 million. Technical Outlook Viasat Stock ( NASDAQ:VSAT ) is down 2.03% in Wednesday's Pre-Market trading. Despite recently being on a "Falling Wedge pattern" the Relative Strength Index however stands at 62.06 which signifies a rising trend in the near to long term.
NASDAQ:VSAT
by DEXWireNews